Suburb Profile Report for West Gosford NSW (2250)

West Gosford House: Median price $520,500, Annual capital growth 10.67%, Number of sales 13, Weekly median advertised rent $428

West Gosford Unit: Median price $365,750, Annual capital growth 3.87%, Number of sales 34, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in West Gosford, 2250 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.47%.

West Gosford,2250 was ranked 3255 in Australia by increase in median property value over the quarter.

Giving property investors a a poor capital gain of -5.98% for the last year, West Gosford, 2250 is the 1463th highest performer in Australia in this respect.

A 35.46% growth in median value for property investors in West Gosford,2250 puts this suburb at number 510th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in West Gosford itself are offering an average vendor discount of -2.34% to real estate investors.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.26%, without taking into account capital value appreciation, which has been averaging out at 3.87%.

HOUSE UNIT
$520,500 $365,750
-1.84% -3.75%
5.47% -5.98%
10.67% 3.87%
$428 $370
13 34
4.27% 5.26%
N/A 35.86

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1393
Median household income ($/weekly) 790
Median age of persons 45
Median housing loan repayment ($/monthly) 1400
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 187 13.4
    35-44 years 145 10.4
    45-54 years 174 12.5
    75-84 years 141 10.1
    85 years and over 172 12.4
    Others 572 41.1
    Age Group
    Census Count Percent(%)
    Not Married 547 55.1
    Registered Married 346 34.8
    Defacto Relationship 100 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 960 76.9
    Croatia 19 1.5
    Papua New Guinea 39 3.1
    United Kingdom 99 7.9
    Other 34 2.7
    Others 98 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 2.2
    Christianity 867 73.0
    Hinduism 9 0.8
    Islam 8 0.7
    No Religion 271 22.8
    Others 7 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 13.1
    $400-$599 94 16.4
    $600-$799 76 13.2
    $800-$999 69 12.0
    $1,500-$1,999 61 10.6
    Others 199 34.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 517 48.6
    Employed, worked full-time 349 32.8
    Employed, worked part-time 133 12.5
    Employed, away from work 35 3.3
    Unemployed, looking for work 30 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 99 19.2
    Technicians & trades workers 75 14.6
    Clerical & administrative workers 71 13.8
    Sales 58 11.3
    Labourers 68 13.2
    Others 144 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 11.0
    Infants/Primary 60 30.0
    Secondary 41 20.5
    Technical or Further Educational Institution 34 17.0
    University or other Tertiary Institutions 32 16.0
    Others 11 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 466 39.0
    Flat, unit or apartment 372 31.2
    Semi-detached, row or terrace house, townhouse 353 29.6
    House or flat attached to a shop, office 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 280 47.6
    Fully owned 164 27.9
    Being purchased 110 18.7
    Other tenure type 34 5.8
    Tenure Type
Census 2011, ABS
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